In recent weeks, a firming rupee too has blunted the competitive edge of oilmeal exports.

When seen on an oil year basis (November 2006 onwards), oilmeal exports totalled 38.7 lt till May, compared to 35.8 lt during the first seven months of 2005-06.

Soyameal continues to dominate the export basket with 28.3 lt followed by rapeseed meal at 6.3 lt.

SEA officials said a slowdown in exports in the first quarter is a common phenomenon that happens almost every year. Last year too, the exports had dipped by 36 per cent at 256,300 tonnes in May and 51 per cent at 399,200 tonnes in April.